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§ 17-324. Cooperation with other jurisdictions

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 17. Disposition of Abandoned Property (Refs & Annos)
Subtitle 3. Abandoned Property in this State (Refs & Annos)
MD Code, Commercial Law, § 17-324
§ 17-324. Cooperation with other jurisdictions
(a) The Administrator may enter into agreements with other states to exchange information needed to enable this or another state to audit or otherwise determine unclaimed property that it or another state may be entitled to subject to a claim of custody. The Administrator by rule may require the reporting of information needed to enable compliance with agreements made pursuant to this section and prescribe the form.
(b) To avoid conflicts between the Administrator's procedures and the procedures of administrators in other jurisdictions that enact the Uniform Unclaimed Property Act, the Administrator, so far as is consistent with the purposes, policies, and provisions of this subtitle, before adopting, amending, or repealing rules, may advise and consult with administrators in other jurisdictions that enact substantially the Uniform Unclaimed Property Act and take into consideration the rules of administrators in other jurisdictions that enact the Uniform Unclaimed Property Act.
(c) The Administrator may join with other states to seek enforcement of this subtitle against any person who is or may be holding property reportable under this Act.

Credits

Added by Acts 1985, c. 602, § 1, eff. July 1, 1985. Amended by Acts 1986, c. 5, § 1.
MD Code, Commercial Law, § 17-324, MD COML § 17-324
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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